Outlook for the Future from a Precision Metal Stamper’s View
When I last wrote, we were experiencing much uncertainty in the industry: steel price increases, supply chain delays, workforce and transportation challenges, among the many factors we’ve been juggling these last few years. (Click here to read that article.) And much like last time, we still can’t predict with any certainty what, how, why, and when the markets, supply chain, and industry in general will settle into a pattern that we can “rely” on—whatever that means these days. Afterall, we are now facing a possible recession, with the national manufacturing rate’s slowest pace in over two years and the Federal Reserve increasing interest rates to control buying; a war in Europe that has worldwide implications (on many levels); along with many of the same factors that have us at this inflection point already.